Investors who understand short sales will want to read this one carefully. 2716 Bonnybrook Dr SW Atlanta is a 1960 home on roughly 0.3 acre, listed at $201,000, and it is moving through loss mitigation as a pre-foreclosure short sale tied to a reverse mortgage.
2716 Bonnybrook Dr SW Atlanta Short Sale Details
The loan balance is higher than the home’s value, which is why the lender has to sign off. As of July 2026 the payoff sat at about $185,000. Because of that math, any offer coming in below the current list price cannot work for the seller, so please price your contract accordingly.
- Status: pre-foreclosure, in loss mitigation
- Payoff: approximately $185k (July 2026 figure)
- Offers below list price: not workable
- Condition terms: as-is offers only, no blind offers
What you are buying
Three bedrooms, one and a half baths and 1,348 square feet sit over a crawl space, with an exterior of brick and aluminum siding. Expect a light to moderate renovation rather than a full rebuild. That scope tends to suit two strategies: a fix-and-flip, or holding it as a long-term rental after the updates are done.
Why the as-is rule matters here
Because the deal needs lender approval, the home will not be repaired before closing. Write your offer around the condition you see, after viewing the property or its online tour, rather than sight unseen.
For agents and buyers
All communication on Bonnybrook runs through email only: send questions and contracts to nilpatel@kw.com. Texts to this listing are not being read. You can preview the interior first with the virtual tour of the home.